FINANCIAL NEWS

Saudi, Korea enhance industrial cooperation

04 Jul 2016

(MENAFN) Saudi Arabia and S. Korea aimed to boost mutual collaboration in industrial sectors, by holding bi-annual industrial cooperation meetings.

Moreover, both sides agreed that cooperation should be expanded to cover sectors like automobile, shipbuilding, electronics and infrastructure.

Additionally, the two countries currently plan to enlarge cooperation to other sectors like shipbuilding, petrochemicals and new energy.

The kingdom seeks ties with S. Korea for its ambitious Vision 2030 program, which will also help promote broader cooperation amid the two sides.

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